If you pay independent contractors $600 or more annually, you must report those payments to the IRS on Form 1099-NEC. The process is fairly simple if you only need to send one or two, but it gets ...

IRS Filing Deadlines for 1099 Forms I also need to be aware ... you can make tax time much easier for your business. A W9 ...

Misclassifying W-2 employees as 1099 contractors has severe penalties. Learn the biggest difference between the two types of ...

Freelancers and independent contractors have to fill out Form W-9 for their employers and clients. Here's what to do and how ...

Closeup of Form ... contractor, you reported it on Form 1099-MISC, in Box 7, for non-employee compensation. For 2019 and prior years, putting income in Box 7 of a Form 1099-MISC tipped the IRS ...

the meal reimbursements must be included in the 1099-reportable fee, per IRS regulations. Independent contractors cannot be reimbursed for alcoholic beverages or alcohol-related costs under any ...

Wood is a tax lawyer focusing on taxes and litigation. Closeup of Form 1099-K, Payment Card and Third Party Network Transactions, an IRS information return ... [+] used to report certain payment ...

One important document is IRS Form 1096—it’s kind of ... It's the required way to summarize the information on the 1099 forms ...

1099-NEC and 1099-MISC (issued by the University to various independent contractors, attorneys, others) Form 1099-NEC is issued by the University to individuals that were paid for: Independent ...